Which of the following is a disadvantage of purchasing technology that already is available in products or processes?
A) It is the most time-consuming way to acquire new technology.
B) It is the least cost-effective way to acquire new technology.
C) The purchase requires more staff than internal development.
D) The coordination and monitoring costs will be high.
E) The technology itself will not offer a competitive advantage.

Question

Quizplus · Accepted Answer

Purchasing technology that is already available in products or processes means that competitors may already have similar technology, decreasing the potential for a competitive advantage.

Which of the Following Is a Disadvantage of Purchasing Technology